Maggie's Farm

We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.

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Tuesday, January 17. 2012

Rent Control in NYC and DC

We linked this by Gelinas yesterday: A man’s home is the government’s castle


Also, American Thinker's Seizing the Wealth of Landlords, One District at a Time


Both cities' rent control laws began as emergencies to meet temporary housing crunches (you always need a "crisis" to create an opportunity for government control). Then your "emergency" action becomes permanent due to its newly-created constituency. That is how Leviathan grows.


If rent control were eliminated in NYC today, in short time there would be tons of new middle class rental housing built; supply up, prices down. The moral issue, though, is that these controls do constitute a form of government theft from the owners.

Posted by The Barrister in Our Essays, Politics, The Culture, "Culture," Pop Culture and Recreation at 13:21 | Comments (2) | Trackbacks (0)

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A Rental Control Board was established in Montreal to ostensibly protect tenants against rapacious landlords.

Now, there are no more rental apartments being built. None.

All apartment construction in Montreal is condominiums, where the builder can build, get their money and walk away.

So instead of renting, you now need a down payment for your condo. The existing inventory of rentals is diminishing and deteriorating... and the renters wonder why...
#1 EarlW on 2012-01-17 17:18 (Reply)
The rent is too damn high!
#2 Montjoie on 2012-01-22 01:32 (Reply)

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